ServisFirst Bancshares, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Note 6 - Leases (Tables)

Note 6 - Leases (Tables)

6 Months Ended

Jun. 30, 2023

Notes Tables

Lessee, Operating Lease, Liability, to be Paid, Maturity [Table Text Block]

		June 30, 2023
		(In Thousands)
2023 (remaining)		$	2,331
2024			3,916
2025			3,832
2026			3,284
2027			2,694
thereafter			6,096
Total lease payments			22,153
Less: imputed interest			(1,871	)
Present value of operating lease liabilities		$	20,282

Lease, Cost [Table Text Block]

		Three Months Ended June 30,
		2023				2022
Operating lease cost		$	1,269			$	1,051
Short-term lease cost			-				17
Variable lease cost			192				151
Sublease income			(8	)			(5	)
Net lease cost		$	1,453			$	1,214

		Six Months Ended June 30,
		2023				2022
Operating lease cost		$	2,499			$	2,095
Short-term lease cost			-				25
Variable lease cost			383				300
Sublease income			(16	)			(29	)
Net lease cost		$	2,866			$	2,391